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Interim Condensed Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Common stock
Additional paid-in capital
Treasury Stock
[1]
Retained Earnings
Accumulated other comprehensive loss
Beginning Balance (in shares) at Dec. 31, 2023   50,000,000        
Beginning Balance at Dec. 31, 2023 $ 3,071 $ 0 $ 1,770 $ (310) $ 1,901 $ (290)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 344       344  
Other comprehensive loss (25)         (25)
Ending Balance (in shares) at Mar. 31, 2024   50,000,000        
Ending Balance at Mar. 31, 2024 $ 3,390 $ 0 1,770 (310) 2,245 (315)
Beginning Balance (in shares) at Dec. 31, 2024 50,697,375 50,000,000        
Beginning Balance at Dec. 31, 2024 $ 4,351 $ 0 1,770 (311) 3,812 (920)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 494       494  
Other comprehensive loss $ 159         159
Ending Balance (in shares) at Mar. 31, 2025 50,697,375 50,000,000        
Ending Balance at Mar. 31, 2025 $ 5,004 $ 0 $ 1,770 $ (311) $ 4,306 $ (761)
[1] As of March 31, 2025, the Company held 225,474 shares as treasury stock.